President Bola Tinubu has described his first year in office as challenging, citing the country’s precarious state when he took over from his predecessor, former President Muhammadu Buhari.
“We inherited a nation in crisis, but I’m proud to say we’ve stemmed the bleeding. Nigeria is no longer on the brink of collapse, and we’re working towards a prosperous future,” Tinubu said during a meeting with Yoruba leaders at the presidential villa on Friday.
Despite his assurance that the worst is over, many Nigerians have criticized his performance, stressing the high cost of living and economic hardship resulting from his policies.
Since assuming office on May 29, Tinubu has implemented controversial measures, including removing fuel subsidies and floating the naira, which have led to skyrocketing fuel prices and a devalued currency.
Food prices have surged by over 100 per cent nationwide, sparking protests and looting in several states. Despite praise from economic experts and the International Monetary Fund, Tinubu’s policies have faced intense scrutiny from Nigerians struggling to cope with the economic downturn.
